SAMA announced the launch of Samsung Pay to advance the digital payments ecosystem in Saudi Arabia

To further develop the digital payments ecosystem in Saudi Arabia, the Saudi Central Bank (SAMA) has announced the introduction of "Samsung Pay" via the country's "mada" payment system. The project supports the Kingdom's Vision 2030 objective of advancing financial inclusion and growing FinTech offerings.

SAMA's dedication to developing a strong digital payments infrastructure in order to make Saudi Arabia a less cash-dependent society is demonstrated by the introduction of "Samsung Pay." SAMA keeps improving financial accessibility and technology adoption by launching cutting-edge digital payment solutions that adhere to global standards.

Through the "Samsung Wallet" app, customers can effortlessly manage their credit and debit cards and make secure and easy payments with Samsung Pay.